When money is tight and banks have a reduced appetite for risk, small businesses, particularly Minority/Women-owned Disadvantaged Business Enterprises (MWDBEs), have fewer options for financing. MWDBEs are an underserved market for financing even under normal circumstances. Short-term credit crunches can force these business owners to seek alternative sources of financing making them particularly vulnerable to …

Spot Factoring Invoices: A Smarter Alternative to Short-Term High-Interest Loans for MWDBEs Read More »

Invoice factoring is an excellent funding solution that allows businesses to sell their outstanding accounts receivable to a factoring company for immediate working capital and, in most cases, transfer the credit risk of nonpayment onto the factoring company. It is an effective and reliable financial service that brokers and ISOs can use to help their …

Navigating Invoice Factoring Barriers While Maximizing Opportunities for Brokers and ISOs Read More »

As the New Year approaches, the U.S. economy seems headed for a “soft landing,” and with inflation moderating, the Federal Reserve may be done raising its benchmark interest rate. Considering the potential economic headwinds and uncertain risks, the impact on alternative business funding sources, especially those in the factoring industry, is significant.  New trends emerging …

Key Trends Shaping the Future of Invoice Factoring in 2024 Read More »

As a Financial Broker, you know that sufficient business funding is a crucial aspect for any company.  It provides the necessary working capital to start, grow and expand a business.  Often times, you may encounter a business owner who is not familiar with invoice factoring and may be uncomfortable with the idea of factoring their …

Using Financial Statements to Explain the Benefits of Factoring Read More »

Breaking through the noise in a crowded and competitive market segment is a growing challenge for financial brokers and ISOs. Your competitors are promoting their businesses frequently, adding ever more noise to your market segment. This makes it very difficult for clients to differentiate one financial broker’s product and service offering from another, and the …

Setting Yourself Apart from Other Financial Brokers Read More »